Prop firms · Is it legit?
Is MasterFunders legit?
MasterFunders scores 4.2/5 on Trust and 3.8/5 on Payouts in the Tradoshi 2027 ranking, #28 of 276 with 74.4/100. No warning was found on the regulator lists checked.
Tradoshi 2027 ranking, data as of October 30, 2026. Methodology
What our checks show
High scores (4 or 5 out of 5)
- Regulator warnings
- Identity and contact
- Honest marketing
- Published processing time
- Payout frequency and first payout
- Payout history and incidents
- Suspicious review warning
- Rule clarity
- Rules restricting how you trade
- Secure website
Low scores (1 or 2 out of 5)
- Regulated execution partner
- Public payout proof
- Withdrawal terms and methods
- Number of reviews
- Protected domain (SPF, DMARC, headers)
A low score reflects what the scale recorded on that criterion, not a fault by the firm: each criterion name links to its scale. These checks describe what was published on the dates shown. They guarantee neither a future payout nor that the rules stay the same: check with the firm before buying.
The detail, criterion by criterion
Company and regulators
| Criterion | Score | What was recorded |
|---|---|---|
| Regulator warnings | 5/5 | Not on the lists of the AMF, I-SCAN (IOSCO), ASIC, FINMA, CNMV or the CFTC RED List (source) Read on October 28, 2026 |
| Registered company and age | not applicable | MASTERFUNDERS LTD Read on October 29, 2026 |
| Identity and contact | 4/5 | MasterFunders Ltd is a limited company registered in Cyprus (HE 459575), located at Anexartisias 187, 3040 Limassol, Cyprus. (source) Read on October 28, 2026 |
| Regulated execution partner | 2/5 | We are using MatchTrader trading platform embedded in our App. (source) Read on October 28, 2026 |
| Honest marketing | 5/5 | Participation in MasterFunders programs is entirely voluntary. Past simulated performance is not indicative of future outcomes. (source) Read on October 28, 2026 |
Payouts
| Criterion | Score | What was recorded |
|---|---|---|
| Public payout proof | 1/5 | – Read on October 28, 2026 |
| Published processing time | 5/5 | Minimum request is 1% of account size and processing time is within 24 hours. (source) Read on October 28, 2026 |
| Payout frequency and first payout | 4/5 | After entering the MasterTrader phase, eligible traders may request performance-based compensation beginning 72 hours after qualification, then on demand. (source) Read on October 28, 2026 |
| Withdrawal terms and methods | 2/5 | Minimum request is 1% of account size and processing time is within 24 hours. (source) Read on October 28, 2026 |
| Payout history and incidents | 5/5 | – Read on October 28, 2026 |
Trader reviews
| Criterion | Score | What was recorded |
|---|---|---|
| Trader rating (Trustpilot and Google) | 3/5 | Trustpilot 4.3 from 32 reviews (source) Read on October 28, 2026 |
| Number of reviews | 1/5 | 32 reviews (source) Read on October 28, 2026 |
| Suspicious review warning | 5/5 | No Trustpilot warning on the profile (source) Read on October 28, 2026 |
Rules
| Criterion | Score | What was recorded |
|---|---|---|
| Rule clarity | 5/5 | 14/14 rules documented (source) Read on October 28, 2026 |
| Rules restricting how you trade | 5/5 | – Read on October 28, 2026 |
Website security
| Criterion | Score | What was recorded |
|---|---|---|
| Secure website | 5/5 | certificate valid for 45 more days Read on October 28, 2026 |
| Protected domain (SPF, DMARC, headers) | 2/5 | 2 points out of 5 (SPF, DMARC) Read on October 28, 2026 |
Frequently asked questions
Is MasterFunders regulated?
A prop firm usually sells an evaluation program and is not a licensed broker. The company name recorded is MASTERFUNDERS LTD, Cyprus. No warning was found on the regulator lists checked.
Does MasterFunders pay its traders?
Its Payouts pillar scores 3.8/5: it measures what is published on proof, timing, frequency and payout incidents. It does not guarantee a future payout.
What do reviews say about MasterFunders?
Trustpilot 4.3 from 32 reviews. The Reviews pillar scores 3.0/5.
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